SPEU Options History — April 2021

In April 2021, SPEU traded between $39.78 and $41.73. ATM implied volatility averaged 13.4%, placing in the 4.1% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 0.6% (HV 20d: 12.8%). Max pain ranged from $38.00 to $40.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.04.

Notable Days

  • 2021-04-13: Highest Volume — 118 contracts
  • 2021-04-12: Largest IV spike — 95.2% change
  • 2021-04-12: Highest IV Rank — 6.0%
  • 2021-04-22: Largest Expected Move — 4.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.96$39.78$41.73$39.78$41.05
Max Pain$38.94$38.00$40.00$38.00$40.00
ATM IV13.4%8.6%16.8%11.9%15.3%
Expected Move3.9%3.4%4.5%3.4%4.4%
HV 20d12.8%11.2%13.9%11.2%13.9%
HV 60d14.0%12.2%14.7%14.2%12.7%
IV Rank4.1%1.3%6.0%3.2%5.1%
IV Percentile13.3%0.9%26.4%8.3%22.1%
Term Structure1.3%0.2%2.2%2.2%0.8%
VWIV17.4%12.5%21.2%19.6%12.5%
Skew 25d5.1%3.1%7.2%4.2%5.9%
Skew 10d12.3%8.0%16.2%10.7%13.4%
Call IV 25d12.3%9.7%13.3%11.4%13.1%
Put IV 25d17.5%15.3%20.0%15.6%18.9%
Bid-Ask Spread %98.2492.64109.53109.53102.18
Gamma HHI0.510.200.740.250.38
Net GEX9.6K62119.2K1.3K6.6K
Net DEX-14.4K-88.8K37.1K10.6K37.1K
Net VEX-548-840-237-255-585
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.040.000.260.000.00
Total Volume12.476011803
Total OI103.8574614146117

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$39.78$0.0011.9%3.4%11.2%3.2%0.0%4.2%2.2%1.3K10.6K-2550.00109.53N/AN/A002620
2021-04-05$40.58$0.0010.6%3.5%12.9%2.5%0.0%4.9%1.6%1.2K7.1K-2460.0095.11N/AN/A002620
2021-04-06$40.17$0.0014.9%4.3%13.7%4.9%0.0%4.9%1.0%1.2K11.0K-2370.0092.64N/AN/A002620
2021-04-07$40.22$0.0014.5%4.3%12.7%4.7%19.6%4.8%0.9%1.2K8.0K-2590.0095.56N/AN/A042620
2021-04-08$40.56$38.0011.6%3.8%13.0%3.0%0.0%4.5%1.4%6216.6K-2690.0097.22N/AN/A002624
2021-04-09$40.53$38.008.6%3.7%12.5%1.3%0.0%4.4%1.7%6599.0K-2640.0096.87N/AN/A7502624
2021-04-12$40.38$38.0016.8%4.4%12.6%6.0%0.0%5.1%0.9%12.5K-33.2K-5590.0095.24N/AN/A0010124
2021-04-13$40.72$38.0013.9%3.7%12.6%4.3%21.2%5.0%1.7%14.2K-40.5K-5620.2697.00N/AN/A942410124
2021-04-14$40.67$38.0013.2%3.8%12.6%4.0%20.4%5.2%1.2%14.0K-40.4K-5620.0097.60N/AN/A0210124
2021-04-15$40.98$38.0012.9%3.7%12.7%3.8%12.9%4.9%1.7%16.0K-50.0K-6000.0098.65N/AN/A1010126
2021-04-16$41.47$38.0013.5%3.9%12.2%4.1%0.0%3.2%1.2%19.2K-88.8K-7030.0098.10N/AN/A11010226
2021-04-19$41.52$38.0013.0%3.7%12.2%3.9%0.0%4.7%1.2%17.3K-81.8K-6570.0096.22N/AN/A009326
2021-04-20$40.90$38.0015.4%4.4%13.6%5.2%17.8%6.8%0.8%13.7K-48.7K-5650.0093.04N/AN/A0229326
2021-04-21$41.22$40.0015.3%4.4%12.7%5.1%0.0%7.2%0.4%12.6K19.5K-7400.0092.75N/AN/A009348
2021-04-22$41.14$40.0015.6%4.5%12.8%5.3%0.0%6.0%0.2%11.6K4.0K-7650.0097.21N/AN/A009348
2021-04-23$41.55$40.0012.4%3.5%13.0%3.5%0.0%7.1%2.0%14.3K-19.3K-8400.0099.67N/AN/A009348
2021-04-26$41.60$40.0012.9%3.7%12.8%3.8%0.0%4.7%1.6%15.5K-16.4K-8000.00101.00N/AN/A2509348
2021-04-27$41.64$40.0012.7%3.6%12.8%3.6%0.0%6.6%1.8%9.2K6.9K-6680.00101.96N/AN/A006848
2021-04-28$41.73$40.0013.4%3.8%12.8%4.1%0.0%4.4%1.1%9.6K2.7K-6820.00101.88N/AN/A006848
2021-04-29$41.70$40.0012.8%3.7%12.8%3.7%12.5%3.1%1.7%8.4K-4.9K-6880.00103.59N/AN/A106848
2021-04-30$41.05$40.0015.3%4.4%13.9%5.1%0.0%5.9%0.8%6.6K37.1K-5850.00102.18N/AN/A306948